Five seniors honored for being named semi-finalists in the Federal Reserve Bank of New York’s High School Fed Challenge
 

On May 26, five students from Mamaroneck High School and their economics teacher Adam Sobel visited M&T Bank’s New York City regional offices to be “Bankers for the Day.”

Zach Zola, Hayden Cohen, Matt Mason, Jacob Goldstein, and Michael Albert were recently named semi-finalists in the Federal Reserve Bank of New York’s High School Fed Challenge, in which they played the role of monetary policymakers by analyzing economic conditions and recommending a course for monetary policy.

In honor of their performance, M&T Bank’s New York City Regional President Peter D’Arcy and Chief Marketing Officer Peter Eliopoulos invited the students to get a closer look at careers in banking by meeting some of the bank’s leaders in Middle Market, Residential Mortgage, Business Banking, Commercial Real Estate and Wealth Management divisions.

“The students really got a sense of not only how different the various parts of the bank were, but also how they support each other and have helped build the overall M&T business. The idea of a ‘community bank’ came through loud and clear,” said Mamaroneck High School economics teacher Adam Sobel. “The day really opened their eyes to what a banking future could look like.”

“As residents of Westchester County, Peter Eliopoulos and I saw a great opportunity for the students in our community when we heard about Mamaroneck’s achievement in the High School Fed Challenge,” said M&T Bank New York City Regional President Peter D’Arcy. “We wanted to give these students another way to feel very proud of their accomplishments and get a taste of what their careers might look like in the future.”

The five students engaged in small group discussions with a variety of the bank’s leaders to learn more about the business, and were treated to lunch with D’Arcy and Eliopoulos.

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